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GD

Grenada

GD · GRD · #184 · 8 cities

Nomad score 52/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$27,290
GDP (2031)
$1.9B
GDP growth (2031)
2.7% →
Inflation (2031)
2.0% →
Population (2031)
120.0K
Population growth (2031)
0.8% ↑
Gini index (2018)
43.8
Government debt (2031)
66.8% of GDP
Current account (2031)
-14.1% of GDP
FDI inflows (2025)
$170.7M
Life expectancy (2024)
75.4 yrs
Health spending (2023)
4.7% of GDP
Internet users (2024)
70.2%
Mobile subscriptions (2022)
95.8/100
Exchange rate (2025)
2.70/USD
Foreign reserves (2025)
$408.1M
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

Unemployment data not available.

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
66.8% of GDP
Current account (2031)
-14.1% of GDP
FDI inflows (2025)
$170.7M

Income inequality (Gini)

Gini index (2018)
0.44
Assessment
High inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2020)
2.74/1k
Services sector (2025)
64.9% of GDP

Financial access and costs

ATMs per 100k (2024)
43.4
Bank branches per 100k (2024)
15.9
ICT service exports (2025)
0.7%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $1.9B $27,290 2.7% 2.0% - 120.0K - 66.8% -14.1% - - - - -
2030 * $1.8B $26,113 2.7% 2.0% - 119.0K - 69.7% -14.2% - - - - -
2029 * $1.7B $24,928 2.7% 2.0% - 119.0K - 69.9% -14.3% - - - - -
2028 * $1.6B $23,988 3.0% 2.0% - 118.0K - 69.8% -15.0% - - - - -
2027 * $1.6B $22,836 3.1% 1.6% - 118.0K - 69.5% -15.9% - - - - -
2026 * $1.5B $21,855 3.1% 1.3% - 117.0K - 69.0% -18.3% - - - - -
2025 $1.4B $21,346 4.4% 0.6% - 116.0K - 71.6% -17.8% $170.7M - - - 2.70
2024 $1.4B $19,903 2.4% 1.1% - 116.0K - 75.1% -21.9% $163.9M 75.4 - 70.2% 2.70
2023 $1.3B $18,986 4.5% 2.7% - 115.0K - 74.5% -20.3% $220.3M 75.2 4.7% 69.4% 2.70
2022 $1.2B $17,541 7.3% 2.6% - 114.0K - 79.3% -12.1% $163.0M 75.2 5.0% 68.4% 2.70
2021 $1.1B $15,290 4.7% 1.2% - 114.0K - 86.6% -14.4% $152.2M 74.5 5.3% 67.0% 2.70
2020 $1.0B $14,361 -13.8% -0.7% - 113.0K - 89.5% -16.1% $141.3M 75.0 5.3% 65.7% 2.70
2019 $1.2B $16,446 0.7% 0.6% - 113.0K - 62.7% -10.3% $208.6M 75.0 4.9% 64.3% 2.70
2018 $1.2B $15,975 4.4% 0.8% - 112.0K 43.8 68.5% -12.8% $186.0M 75.0 4.6% 61.4% 2.70
2017 $1.1B $15,041 4.4% 0.9% - 111.0K - 70.3% -11.5% $153.3M 75.0 4.7% 54.2% 2.70
2016 $1.1B $13,978 3.7% 1.6% - 111.0K - 81.6% -8.8% $109.4M 75.0 4.4% 53.3% 2.70
2015 $997.0M $13,214 6.4% -0.5% - 110.0K - 90.1% -10.6% $154.3M 75.0 4.7% 52.5% 2.70
2014 $911.0M $12,229 7.3% -1.0% - 109.0K - 99.3% -9.1% $83.7M 75.1 4.8% 51.6% 2.70
2013 $843.0M $11,199 2.4% 0.0% - 109.0K - 105.4% -17.1% $130.4M 75.0 5.6% 35.0% 2.70
2012 $800.0M $10,575 -1.2% 2.4% - 108.0K - 101.5% -15.0% $49.8M 75.0 5.8% 32.0% 2.70
2011 $779.0M $10,592 0.8% 3.0% - 107.0K - 102.8% -18.7% $85.9M 74.9 5.8% 30.0% 2.70
2010 $771.0M $10,344 -0.5% 3.4% - 105.0K - 96.2% -19.5% $55.7M 74.7 5.4% 27.0% 2.70
2009 $771.0M $10,303 -6.6% -0.3% - 105.0K - 91.1% -16.9% $108.7M 74.6 5.4% 24.1% 2.70
2008 $826.0M $11,001 0.9% 8.0% - 105.0K - 83.9% -26.3% $144.4M 74.4 5.4% 23.2% 2.70
2007 $759.0M $10,728 6.1% 3.9% - 105.0K - 89.1% -29.3% $165.2M 74.2 5.2% 22.3% 2.70
2006 $699.0M $9,877 -4.0% 4.3% - 105.0K - 92.9% -35.4% $102.7M 73.9 5.1% 21.4% 2.70
2005 $695.0M $10,016 13.3% 3.5% - 104.0K - 87.3% -36.2% $81.6M 73.7 5.1% 20.5% 2.70
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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